Skip to news
Today’s briefing
JQJO
Latest

Trump Administration Intensifies Attack on Fed Chair Powell | JQJO

Trump Administration Intensifies Attack on Fed Chair Powell

Tap title to read story

0:00 / 0:40

The Trump administration intensified its attacks on Federal Reserve Chair Jerome Powell, accusing him of breaking laws and lying to Congress regarding a $2.5 billion headquarters renovation. OMB Director Russell Vought publicly criticized Powell's management, echoing President Trump's previous insults and calls for Powell's resignation. While the Fed maintains its focus on inflation control, the administration's actions are seen by some as an attempt to pressure Powell or undermine the Fed's independence, potentially impacting financial markets negatively. The White House denies a scheme to fire Powell, attributing the attacks to Trump's frustration.

Published · Published by JQJO

Published by JQJO Editorial Desk · AI assisted

More context

Sources

JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.

Editorial policy and corrections · Our team

Xi Tightens Discipline Ahead of 2027 Reshuffle

Tap title to read story

0:00 / 0:38

Tom Skerritt Dies at Ninety‑Three

Tap title to read story

0:00 / 0:36

Teenage Girl Killed in Arcadia Home; Suspected Shooter Fled and Attempted Suicide in Pasadena

Tap title to read story

0:00 / 0:10

Sixers Complete 29‑Point Comeback to Beat Cavaliers 114‑106

Tap title to read story

0:00 / 0:28

Chrome Enhances Protection with Suspicious Alerts

Tap title to read story

0:00 / 0:28

Switch 2 Jailbreak Exposes Homebrew Vulnerability

Tap title to read story

0:00 / 0:42

Microsoft’s Xbox Helix Could Cost Up to $1,800, Says Fortune Report

Tap title to read story

0:00 / 0:38

DOJ Opens Investigation Into Corey Lewandowski

Tap title to read story

0:00 / 0:12

Charli XCX to Make Cameo in Martin Scorsese’s Upcoming Thriller

Tap title to read story

0:00 / 0:42

Atlanta Falcons Release Retro Logo, Sparks

Tap title to read story

0:00 / 0:31

JQJO

Find your next story

Search JQJO’s current coverage.